Ningbo Tuopu Group Co., Ltd. is a technology-driven, platform-based automotive parts company listed on the Shanghai Stock Exchange, primarily engaged in the R&D and manufacturing of automotive powertrain and chassis systems, trim systems, and intelligent driving systems.

On January 20, 2025, Tuopu Group released its 2024 annual performance pre-increase announcement. The company expects to achieve net profit attributable to shareholders of RMB 2.855 billion to RMB 3.155 billion for 2024, a year-on-year increase of 32.73% to 46.68%. It also expects to achieve non-GAAP net profit of RMB 2.587 billion to RMB 2.887 billion, a year-on-year increase of 28.01% to 42.85%.

Founded in 1983 and headquartered in Ningbo, China, Tuopu Group has been dedicated to the automotive industry for over 40 years. The group operates four business divisions: Powertrain and Chassis Systems, Trim Systems, Domain Intelligent Mobility, and Electric Drive. Its main products include shock absorption systems, interior and exterior trim systems, lightweight body components, chassis systems, intelligent cockpit components, thermal management systems, air suspension systems, intelligent driving systems, and actuators.